# Krispy Kreme, Inc. (DNUT)

**Exchange:** NASDAQ  
**Sector:** Consumer Defensive

> Krispy Kreme, Inc. is a specialty retailer and producer of doughnuts, operating globally with a focus on delivering fresh, yeast-raised doughnuts, pies, coffees, espresso drinks, chillers, and iced beverages. The company manages three key segments: U.S., International, and Market Development, providing immersive doughnut experiences through hot light theaters and fresh shops. Its distribution channels include daily-delivered branded cabinets and merchandising units in grocery stores, convenience stores, quick-service restaurants, club memberships, drug stores, and digital platforms. Krispy Kreme, Inc. serves customers across the United States, the United Kingdom, Ireland, Australia, New Zealand, Mexico, Canada, Japan, and other international markets, emphasizing quality baked goods and beverage pairings. Founded in 1937 and headquartered in Charlotte, North Carolina, it plays a prominent role in the quick-service restaurant and consumer packaged goods sectors, blending traditional retail with innovative merchandising strategies.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.52B | — | -$469M | -$516M | $-3.04 |
| 2024 | $1.67B | — | -$9M | $3M | $0.02 |
| 2023 | $1.69B | — | $13M | -$38M | $-0.23 |
| 2023 | $1.53B | — | $29M | -$16M | $-0.10 |
| 2022 | $1.38B | — | $41M | -$25M | $-0.18 |
| 2021 | $1.12B | — | $4M | -$64M | $-0.52 |
| 2019 | $959M | — | $38M | -$37M | $-0.30 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $2.59B | $1.92B | $650M | $42M | $912M |
| 2024 | $3.07B | $1.91B | $1.13B | $29M | $845M |
| 2023 | $3.24B | $1.98B | $1.17B | $38M | $837M |
| 2023 | $3.15B | $1.85B | $1.20B | $35M | $739M |
| 2022 | $3.15B | $1.81B | $1.23B | $39M | $680M |
| 2021 | $3.06B | $2.21B | $685M | $37M | $786M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $34M | $98M | -$64M |
| 2024 | $46M | $121M | -$75M |
| 2023 | $46M | $121M | -$76M |
| 2023 | $140M | $112M | $28M |
| 2022 | $141M | $119M | $22M |
| 2021 | $29M | $98M | -$69M |
| 2019 | $81M | $76M | $4M |

Source: [CompaniesByCap](https://companiesbycap.com/company/DNUT)